China Evergrande considers repaying offshore investors of $19 billion bonds with cash instalments, debt-to-equity swap – report

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Embattled property developer China Evergrande Group is considering repaying offshore bondholders owed around $19 billion with cash instalments and equity in two of its Hong Kong-listed units, according to Reuters citing sources.

As part of the proposal, Evergrande is looking to repay offshore creditors the principal and interest by turning them . . .

 

 

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